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Gerald R. Ford Republican. Ford’s background … U of Michigan Football star WW II - U Navy 12 terms in the House of Representatives Served on the Warren Commission Nixon appoints Ford VP The 1st person appointed V.P. & President under the 25th Amendment .
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Gerald R. FordRepublican Ford’s background… U of Michigan Football star WW II - U Navy 12 terms in the House of Representatives Served on the Warren Commission Nixon appoints Ford VP The 1st person appointed V.P. & President under the 25th Amendment. The only President to serve without being elected President or V.P. “The trouble with Gerry Ford is that he used to play football without a helmet” - LBJ
Objectives… • Summarize Ford’s response to the economic problems of the era. • Identify the major reasons for Americans losing faith in the federal government.
The 1970s Recession • The cause… - In protest of the Arab-Israeli conflict OPEC embargoed oil exports to the west. - High oil prices trigger inflation and a deep recession Inflation rose form 6% in 1973 10% in 1974 14% in 1980
Stagflation Stagnation & Inflation • A term used to describe a sluggish economy… -Price inflation -Slow economic growth -Rising unemployment -Recession The economy was bad and Ford lacked a clear vision for putting the economy back on track.
Ford’s plan to rejuvenate the economy… • Stimulate economic growth • Stabilize interest rates • Raise taxes • Limit government spending • W.I.N. Whip Inflation Now • Fight inflation by saving & spending less • Backfired: Americans stopped spending & the economy slows even more
The Nixon Pardon Sept, 1974 • GRF gives RMN a full pardon • A corrupt bargain?... • Justification: Spare the country a painful trial • Nixon’s employees were not given pardons.. Most went to prison “My fellow Americans, our long time nightmare is over. Our constitution works. Our great republic is a government of laws, not of men” –Gerald R. Ford
The War Powers Act (1973) • Designed to control the president's power to commit the US to a war without the permission of Congress. • The president has 48hrs to inform Congress of a troop movements. • Troops can remain for 60 days without Congress declaring war.
The Fall of Saigon April, 1975 • “Operation Frequent Wind”… evacuates the American embassy in Saigon • Marked the end of the war & the unification of the country under communist rule.
First Lady Betty Ford • Greatly admired by the American public • Openly discussed her… - mastectomy - drug & alcohol problem • Supported the ERA
Assassination Attempts The only President to survive 2 assassination attempts and be target by a woman • Sara Jane Moore… • Political radical; Mentally unstable • A bystander grabs Moore's arm when he saw the gun • Currently serving life in prison • Lynette “Squeaky” Fromme… • Member of the Manson Cult • Concerned with the environment • Points a .45 auto at GRF…no bullet in the chamber • Currently serving life in a mental hospital
In the 1970s, the combination of rising prices, high unemployment & slow economicgrowth was termed….. STAGFLATION High inflation, slow economic growth & high unemployment.
President Ford’s most controversial act as President was to… Pardon Nixon for Watergate